Tuesday, November 15, 2011

WSJ: Earnings and Unemployment by College Majors

The Wall Street Journal analyzed what the median salaries are for 170 college majors. The source is the Georgetown University Center on Education and the Workforce. Please pay close attention to the median salary AND unemployment rates. Although some traditional pink-collar majors earn much less (i.e., counseling, library science, and early childhood education) than STEM majors, not all STEM majors are doing well in the job market (i.e., military technologies, computer engineering, biomedical sciences).

Below, I list the most common college majors, median earnings ($) and unemployment (%) for those with a master's degree in higher education, social work, or related field.

Higher Education

  • Education Administration: $65,000 (0.0%)
  • Educational Psychology: $35,000 (10.9%)
  • General Social Sciences: $50,000 (8.2%)
  • Intercultural/International Studies: $50,000 (6.6%)
  • Humanities: $45,000 (8.4%)

Social Work

  • Clinical Psychology: $40,000 (19.5%)
  • Community and Public Health: $46,000 (4.1%)
  • Human Services/Community Organization: $38,000 (6.9%)
  • Social Work: $39,000 (6.8%)
  • Sociology: $45,000 (7.0%)

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